Our Team

Our Manager, an affiliate of Blackstone, is led by an experienced team of senior professionals including Michael B. Nash, our Executive Chairman and Stephen D. Plavin, our Chief Executive Officer.

  • Michael B. Nash

    Executive Chairman of the Board of Directors
    New York

    Michael B. Nash has been a Director since 2012 and is the Executive Chairman of the Board. Mr. Nash is a Senior Managing Director of Blackstone and the Chairman of Blackstone Real Estate Debt Strategies. He is also a member of the Real Estate Investment Committee for both Blackstone Real Estate Debt Strategies and Blackstone Real Estate Advisors. Mr. Nash has also served as a trustee of three registered investment companies in the Blackstone Real Estate Income Fund complex since October 2013. Mr. Nash is also a member of the Board of Directors of Hudson Pacific Properties, Inc. Before joining Blackstone in 2007, Mr. Nash was with Merrill Lynch from 1997 to 2007 where he led the firm’s Real Estate Principal Investment Group—Americas. Prior to joining Merrill Lynch, Mr. Nash was a Senior Vice President at Barclays Bank, where he worked from 1991 to 1997 in the bank’s loan restructuring group. Prior to Barclays, he originated and structured real estate loans for Bank of Nova Scotia. Additionally, Mr. Nash worked at Deloitte & Touche serving brokerage and other institutional clients. Mr. Nash graduated from State University of New York at Albany and received an M.B.A. from the Stern School of Business at New York University.

  • Stephen D. Plavin

    President, Director and Chief Executive Officer
    New York
    Stephen D. Plavin has served as one of our Directors and as our President and Chief Executive Officer since December 2009. Mr. Plavin is also a Senior Managing Director of Blackstone and our Manager and a member of our Manager’s investment committee. Mr. Plavin is also a Senior Managing Director of Blackstone Real Estate Debt Strategies. Mr. Plavin is a member of the Real Estate Investment Committee for both Blackstone Real Estate Debt Strategies and Blackstone Real Estate Advisors. Before joining Blackstone, Mr. Plavin was also the Chief Executive Officer of Capital Trust, Inc. whose wholly owned manager was acquired by Blackstone in December 2012. Prior to joining Capital Trust, Inc. in 1998, Mr. Plavin was co-head of Global Real Estate for The Chase Manhattan Bank and Chase Securities Inc. During his tenure at Chase, from 1984 to 1998, Mr. Plavin also led business units responsible for commercial real estate loan origination, syndication, structured finance, portfolio management and real estate owned sales. Mr. Plavin received a B.A. in English from Tufts University and an M.B.A. in Finance, Accounting and Marketing from the J.L. Kellogg Graduate School of Management at Northwestern University. Mr. Plavin is a member of the board of directors of each of Omega Healthcare Investors, Inc. and WCI Communities, Inc.
  • Douglas N. Armer

    Head of Capital Markets, Treasurer and Managing Director
    New York
    Douglas N. Armer is our Treasurer and Managing Director, Head of Capital Markets. He is also a Managing Director of our Manager and of Blackstone Real Estate Debt Strategies and is a member of our Manager's investment committee. Before joining Blackstone, Mr. Armer was a Managing Director at Capital Trust, Inc. whose wholly owned manager was acquired by Blackstone in December 2012. As a Managing Director at Capital Trust, Mr. Armer was responsible for the firm’s capital markets and finance activities, encompassing equity, debt and strategic transactions, as well as oversight of regulatory matters. Prior to joining Capital Trust, Inc. in 2004, Mr. Armer was responsible for developing the India-based capital markets group of Global Realty Outsourcing. Previously Mr.Armer held positions in investment banking at Gerard Klauer Mattison and at PaineWebber Commercial Real Estate Securities. Mr. Armer holds a B.A. in Political Science, magna cum laude, from the University of Rochester, where he was inducted into the Phi Beta Kappa honor society.
  • Anthony F. Marone, Jr

    Chief Financial Officer and Managing Director
    New York

    Anthony F. Marone, Jr. serves as our Chief Financial Officer and has previously served as our Principal Accounting Officer since 2013 and as our Controller since 2008. Mr. Marone is also a Managing Director and the Chief Financial Officer of Blackstone Real Estate Debt Strategies, which encompasses all of Blackstone’s commercial real estate debt investment vehicles, including the Company. Before joining Blackstone in 2012, Mr. Marone was a Vice President and Controller of Capital Trust, Inc. whose wholly owned manager was acquired by Blackstone in December 2012. Previously, Mr. Marone worked in the Real Estate Assurance practice of PricewaterhouseCoopers LLP, where he provided audit and other assurance services to various real estate companies. Mr. Marone received a B.S. and an M.B.A. from Rutgers University and is a Certified Public Accountant and Chartered Global Management Accountant.

  • Leon Volchyok

    Head of Legal and Compliance, Secretary and Principal
    New York
    Leon Volchyok has served as our Secretary and Head of Legal and Compliance since January 2016. Mr. Volchyok is a Principal in Blackstone Real Estate Debt Strategies (BREDS). Mr. Volchyok handles general legal and compliance matters for the BREDS business and also serves as the Chief Compliance Officer and Secretary of BREDS’ closed-end fund complex. Prior to joining Blackstone in 2013, Mr. Volchyok was a Senior Associate in the Real Estate Capital Markets group at Proskauer Rose LLP, where he specialized in capital markets transactions and general securities law and corporate governance matters, with a specific focus on REITs and other real estate companies. Mr. Volchyok received a B.B.A. from Baruch College – Zicklin School of Business and a J.D. from Fordham Law School.
  • Thomas C. Ruffing

    Head of Asset Management and Managing Director
    New York
    Thomas C. Ruffing has served as our Managing Director, asset management since February 2013. Mr. Ruffing previously served as our Chief Credit Officer since July 2006. Mr. Ruffing is also a Managing Director of our Manager and a Managing Director of Blackstone Real Estate Debt Strategies. Before joining Blackstone, Mr. Ruffing was also Chief Credit Officer of Capital Trust, Inc. whose wholly owned manager was acquired by Blackstone in December 2012. Prior to joining Capital Trust, Inc., Mr. Ruffing worked at JP Morgan Chase in the Real Estate & Lodging Investment Banking Group. Mr. Ruffing’s responsibilities included structured corporate real estate finance transactions, major asset property sales, and the restructuring and workout of real estate loans. Mr. Ruffing holds a B.S. and an M.E. in Mechanical Engineering from the University of Virginia and an M.B.A. from Columbia Business School.
  • Weston Tucker

    Head of Investor Relations and Managing Director
    New York

    Weston Tucker is our Managing Director, Head of Investor Relations, and is also Managing Director and Head of Investor Relations for Blackstone. Since joining Blackstone in 2007, Mr. Tucker's primary responsibility has been managing Blackstone’s interface with public shareholders and the equity analyst community. Before joining Blackstone in 2007, Mr. Tucker was an Equity Research Analyst for JPMorgan, covering the telecom and cable sectors. He began his career at AT&T, where he worked in a variety of finance roles including investor relations and communications, as well as corporate development. Mr. Tucker graduated summa cum laude with a BS in Business Administration from The Ohio State University.